Xero is an online accounting system designed for small businesses to work with their accountants, internal business partners and staff in real-time.
Xero helps small businesses to manage their finances better. There’s no software to install, and it’s no hassle to set up. Xero simply allows you to get on with your business and not have to worry about accounting.
Xero really helps to power small businesses, offering everything you’d expect from a full accrual accounting system, including invoicing, managing payables, banking, reporting, VAT returns, expense claims, credit notes and managing contacts.
Direct Bank Feeds
Avoid the clutter and stress that you usually face every month getting all your banking data together in a timely manner. Xero is connected to a range of banks so your bank transactions automatically appear every day, saving you time and taking away the pain of manual data entry. With automatic daily bank feeds it is easy to keep the books up-to-date on a more regular basis, providing a real-time view of the businesses via the Xero dashboards.
Cashflow is King
Xero’s banking integration improves your awareness of your cashflow and visibility of their immediate future – cash in and cash out. The daily bank feeds enables you, the business owner, to quickly reconcile your bank account and check your daily cash balance. Once this is done, you can confirm how much and who your next payables are and where you expect their next receipts to come from.
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